KUALA LUMPUR, Oct 14 — The shortage of skilled talents and lack of local research and development in the electrical and electronics industry need to be addressed in order to move Malaysia up the value chain, said Datuk Seri Mustapa Mohamed.
”E&E accounts for 40 per cent of Malaysian exports. In the first eight months of 2021, Malaysia’s total trade in E&E products amounted to RM477 billion, while exports rose 18.8 per cent to RM282 billion,” he said during a virtual webinar titled “RMK-12: Boosting E&E Industry in Moving up the Value Chain” today.
“Going forward, the Economic Planning Unit would like to work closely with the Ministry of International Trade and Industry, Malaysian Investment Development Authority and industry in order to realise our ambitious E&E targets,” he added.
If you google news 10 or 20 years back, you’ll find some Malaysian ministers made similar statements.😅
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